Iron Accounts Payable vs Other Stockholder Equity Analysis

0JDP Stock   122.30  1.37  1.11%   
Iron Mountain financial indicator trend analysis is infinitely more than just investigating Iron Mountain recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iron Mountain is a good investment. Please check the relationship between Iron Mountain Accounts Payable and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Iron Mountain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iron Mountain Accounts Payable account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Iron Mountain's Accounts Payable and Other Stockholder Equity is 0.63. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Iron Mountain, assuming nothing else is changed. The correlation between historical values of Iron Mountain's Accounts Payable and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Iron Mountain are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Accounts Payable i.e., Iron Mountain's Accounts Payable and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Iron Mountain obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Iron Mountain are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Stockholder Equity

Most indicators from Iron Mountain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iron Mountain current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Iron Mountain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Iron Mountain's Tax Provision is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 125.6 K in 2024, whereas Selling General Administrative is likely to drop slightly above 626.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.6B2.9B3.1B1.6B
Total Revenue4.5B5.1B5.5B2.9B

Iron Mountain fundamental ratios Correlations

0.990.970.99-0.010.890.830.980.970.21.00.250.20.970.840.99-0.040.650.750.990.710.8-0.930.820.80.86
0.990.950.97-0.160.910.771.00.980.10.990.260.10.950.771.0-0.060.60.711.00.630.81-0.950.760.720.81
0.970.950.96-0.030.870.80.940.970.250.960.260.250.970.780.960.050.630.620.960.710.7-0.860.730.740.76
0.990.970.96-0.030.870.840.970.950.170.990.310.170.940.830.980.00.70.760.980.680.86-0.910.780.780.83
-0.01-0.16-0.03-0.03-0.190.23-0.19-0.160.62-0.03-0.070.62-0.030.39-0.15-0.080.150.24-0.130.44-0.080.150.430.460.28
0.890.910.870.87-0.190.650.910.920.020.9-0.140.020.880.630.91-0.010.350.530.910.510.64-0.820.650.580.68
0.830.770.80.840.230.650.770.770.240.820.310.240.830.930.780.10.770.780.80.860.67-0.690.760.910.85
0.981.00.940.97-0.190.910.770.980.060.990.250.060.950.761.0-0.060.60.711.00.60.81-0.950.740.70.8
0.970.980.970.95-0.160.920.770.980.140.970.180.140.980.750.99-0.050.540.630.980.650.7-0.910.720.710.76
0.20.10.250.170.620.020.240.060.140.160.061.00.210.340.11-0.060.180.180.120.670.05-0.130.410.40.3
1.00.990.960.99-0.030.90.820.990.970.160.260.160.960.830.99-0.050.650.760.990.680.82-0.940.820.790.86
0.250.260.260.31-0.07-0.140.310.250.180.060.260.060.190.270.250.170.660.380.260.220.48-0.280.130.240.25
0.20.10.250.170.620.020.240.060.141.00.160.060.210.340.11-0.060.180.180.120.670.05-0.130.410.40.3
0.970.950.970.94-0.030.880.830.950.980.210.960.190.210.80.96-0.010.560.620.960.730.67-0.850.740.770.77
0.840.770.780.830.390.630.930.760.750.340.830.270.340.80.77-0.10.750.850.790.870.68-0.740.90.990.92
0.991.00.960.98-0.150.910.781.00.990.110.990.250.110.960.77-0.040.610.711.00.640.8-0.940.760.720.81
-0.04-0.060.050.0-0.08-0.010.1-0.06-0.05-0.06-0.050.17-0.06-0.01-0.1-0.040.13-0.21-0.030.0-0.030.27-0.33-0.15-0.18
0.650.60.630.70.150.350.770.60.540.180.650.660.180.560.750.610.130.750.620.610.71-0.60.580.720.7
0.750.710.620.760.240.530.780.710.630.180.760.380.180.620.850.71-0.210.750.720.650.78-0.790.880.830.92
0.991.00.960.98-0.130.910.81.00.980.120.990.260.120.960.791.0-0.030.620.720.650.81-0.940.770.740.82
0.710.630.710.680.440.510.860.60.650.670.680.220.670.730.870.640.00.610.650.650.48-0.590.780.890.81
0.80.810.70.86-0.080.640.670.810.70.050.820.480.050.670.680.8-0.030.710.780.810.48-0.810.650.630.74
-0.93-0.95-0.86-0.910.15-0.82-0.69-0.95-0.91-0.13-0.94-0.28-0.13-0.85-0.74-0.940.27-0.6-0.79-0.94-0.59-0.81-0.81-0.7-0.85
0.820.760.730.780.430.650.760.740.720.410.820.130.410.740.90.76-0.330.580.880.770.780.65-0.810.90.95
0.80.720.740.780.460.580.910.70.710.40.790.240.40.770.990.72-0.150.720.830.740.890.63-0.70.90.91
0.860.810.760.830.280.680.850.80.760.30.860.250.30.770.920.81-0.180.70.920.820.810.74-0.850.950.91
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Iron Mountain Account Relationship Matchups

Iron Mountain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.8B14.1B14.5B16.1B17.5B18.3B
Short Long Term Debt Total10.4B10.7B11.4B13.3B14.8B15.5B
Other Current Liab623.2M764.3M772.9M743.2M997.6M1.0B
Total Current Liabilities1.9B2.0B2.0B1.9B2.2B2.3B
Total Stockholder Equity1.5B1.1B857.1M636.7M211.6M201.1M
Property Plant And Equipment Net6.5B6.7B2.3B7.7B9.0B9.5B
Current Deferred Revenue274.0M295.8M307.5M328.9M325.7M219.0M
Net Debt10.2B10.5B11.2B13.1B14.6B15.3B
Accounts Payable324.7M359.9M369.1M469.2M539.6M566.6M
Cash193.6M205.1M255.8M141.8M222.8M178.8M
Non Current Assets Total12.6B12.9B13.0B14.6B15.7B16.5B
Non Currrent Assets Other209.9M295.9M5.0B99.8M429.6M368.3M
Cash And Short Term Investments193.6M205.1M255.8M141.8M222.8M178.8M
Net Receivables850.7M859.3M961.4M1.2B1.3B1.3B
Common Stock Shares Outstanding287.7M288.6M291.0M292.4M294.0M224.7M
Liabilities And Stockholders Equity13.8B14.1B14.5B16.1B17.5B18.3B
Non Current Liabilities Total10.4B11.0B11.6B13.6B15.0B15.8B
Other Current Assets192.1M410.8M448.0M230.4M252.9M168.0M
Other Stockholder Equity6.9B7.3B7.6B7.9B4.5B2.6B
Total Liab12.4B13.0B13.6B15.5B17.1B17.9B
Total Current Assets1.2B1.3B1.4B1.5B1.7B932.3M
Accumulated Other Comprehensive Income(262.6M)(255.9M)(338.3M)(442.0M)(373.6M)(354.9M)
Short Term Debt612.3M444.0M569.0M376.3M373.4M392.0M
Retained Earnings(2.6B)(3.0B)(3.2B)(3.4B)(4.0B)(3.8B)
Intangible Assets1.4B1.3B1.2B1.4B1.3B1.1B
Common Stock2.9M2.9M2.9M2.9M2.9M2.1M
Good Will4.5B4.6B4.5B4.9B5.0B3.3B
Other Assets191.4M252.5M274.2M398.7M34K32.3K
Long Term Debt7.0B8.1B8.0B8.2B9.5B8.2B
Capital Surpluse4.2B4.3B4.3B4.3B5.0B4.5B
Property Plant Equipment6.5B6.7B7.0B7.7B8.9B6.1B
Other Liab322.4M381.8M368.0M580.4M667.4M444.3M
Net Tangible Assets(4.4B)(4.7B)(4.8B)(5.7B)(5.1B)(5.4B)
Deferred Long Term Liab86.0M108.2M113.1M155.1M178.4M116.7M

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